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my mind. i got to knock it off. >> and that is interesting. germany and the eu. germany had highest vacation days n eu . they are most productive. >> they make good cars, the geans. >> and the gloth grated is-thirds of our own . once upon a time they were a low tax regime and hours were higher. taxes on work you get less of it >> europe has legally man dated vacaon . we don't have that here. >> i hope we are not on the ai in france and germany. you are killing these poor people. >> they are killing themselves. look a their numbers. want you want to have them. >> they are happy except for millionaire necessary france. >> whi is why they are leaving for belgium which is a tax-haven. 75 or 85 percent. ments to work there? last word from steve. a push to ring in the new year with a mileage tax. will it drive your economy off of the cliff? >> and collegesashing in. they are collecting more application fees and not application fees and not letting more students in. [ malennouncer ] it's tt time of year again. time for citi price rewind. because your daughter really wants that pink castle
. >> absolutely. the message is also very clear. we are here because we follow policies dictated by germany. therefore, italy should come out of the straight jacket. this is the message that berlusconi is sending to italians and actually, i think, it's a message that he will use for our campaigns. >> how much support will he get if he's at 15% right now in the polls 12347. >> my concern is that he could actually create some allians with other -- with the populist leaders. there is a lot of discontent and it's quite easy to capture the discontent. it would provide a majority for ruining the country, for governing the country, but it will not enough to destabilize the debate. they say the p.w. trust say that 30% now say the euro has been a good thing in italy. i don't know whether you back that sort of trust. >> oolt r it's how you present it. there is a clear fact that going down economically for a long time. it hasn't had good growth in more than a decade. so more now are in the face in malaise. at the moment, we don't see that. >> what do you take for investors? >> we've already had issues
's germany. other countries, which have reduced carbon emissions have done so because their economies have collapsed, places like russia, eastern europe. and for the rest of the world growth has basically meant increases in carbon. so the idea that comes from mainstream economics that you can decouple carbon from the size of the economy is not at all born out over the last 20 years. >> it's born out of germany. if someone can do it, it can be done, right? is that the answer? >> well, they've had very little slow gdp growth. and there they are an unusual economy. they've been able to export a lot of their -- big export surplus. >> everyone want to be germany. in the future, we will all be net exporters. >> can i make what is going to sound in this context like the naive case for growth and remind us why -- >> i want you to. >> why it's actually important? so, you know, let's stipulate yes, climate change is really important and, yes, juliet is absolutely right. it's really hard to do both at the same time but we have to be really careful to sort of -- it can be easy to say, let's forget abo
. but basically issue selection. within germany the companies have done well, in general it has been an issue selection. ashley: you think of areas being well, europe is not one of them. he mentioned germany, even germany is being dragged down to what is going on in the region as a whole. how do you pick the stocks? you like the multinationals, don't you? >> one thing that we have invested in his multinationals. companies around the world, spain, peril around the world. cars around the world. multinational companies that are doing stuff right in this environment. we think that is the formula, broad-based market and the people that are executing within that. ashley: aren't you concerned about continued volatility in that area? italian elections coming up in february, german elections not far behind that, has to be seen whether angela merkel can survive that. does that give you cause for concern? >> there is no question about that. every election that has happened in the last two or three years, the incumbent has been evicted from office. you can worry about angela merkel, our guess is she is d
is fascinating bearing in mind where we are in terms of the macro story and germany might well be floating -- >> certainly a big departure in the sense that the german stock market has typically traded in line with the german economy and this is a big divergence. so that's a change. but looking over time, all stocks have the component of what they call the economic return. speculative return which is it for change and the valuation that the market puts on it. over time, one is a possum gain and the other is zero sum gain. sometimes good news, sometimes bad news. but over time the kind of net being nothing. >> we'll see what happens. good to have you on. we'll be out in westminster, joined by the british shadow business secretarier to. we'll talk currencies. find out why one strategist is bullish on the currency. after the ramp up in m&a that we've seen this year, we'll also speak to an expert in los angeles that says the fundamentalses for deal activity in 2013 are looking more solid. so where will the money flow in the new year, that's at 11:20. and the outlook for u.s. credit market appe
was german. >> what's your address in germany? >> hamburg, germany. >> even though they were from germany, could they have had some connection with theal gainian men quinn mentioned in her first call to reid? >> we saw the blue bag. one of the guys was joking and said i'm sure there's money inside. that's a lot of money. what are we going to do with it? >> but in an unbelievable stroke of bad luck it turned out these men were not the kidnappers. >> and it becomes pretty clear pretty quick that these guys were in the wrong place at the wrong time. >> the men were actually college exchange students. two of them played on the same tennis team. >> they looked at a bag and said, hey, wouldn't it be cool if there was some money in that bag and it was that simple, that coincidental and couldn't make it up. >> the college students stumbled on to the bag, picked it up and got scared when they saw cars following them. they then called 911. >> we found a blue bag in a parking lot and there was a lot of money in there and we just want to give it to you guys. >> they came down to jacksonville beach to
. the christmas degree originated in germany based on a prop in a mid evil play commemorating adam and eve then came over to england and eventually the united states. do you know what country the christmas tree tradition came from? >> norway. >> united states? >> isn't it from norway? >> netherlands? >> united states. >> germany? >> germany? >> germany? >> am i right? >> i don't know. i'm just guessing. >> i am german ancestry. >> that hurts that you didn't know that? >> it does. >> what's that big thing right over there. what do you call that. >> a christmas tree. >> i think it's called a christmas tree. can you call it whatever you like as long as the people are with their families there is nothing wrong with it? >> they are calling it a holiday tree in rhode island because they want to be politically correct. >> it's a christmas tree. >> it's a christmas tree. >> i love christmas. >> you know there is a war on christmas, right? >> i haven't heard. >> no. you haven't heard of the war on christmas? >> no. how can you have a war with christmas? santa has a big army. >> they are very little
be integrated into how a nation gets its power. more on that after this break. >>> in germany right now there's been a real revolutionary transformation of the grid there. i have some video looking at what the kind of new german energy future or present looks like. you have times when half the power in germany is being produced by renewables. you have a tremendous explosion of wind and solar generation. how did this happen, dave? how did germany begin to undertake this? >> it's a fascinating story. the german law doesn't cost -- this is what it says. it doesn't cost the government any money. electric rate payers pay an extra fee to subsidize people who install solar or wind. people who install solar and wind are guaranteed a higher than market rate of return for something like a decade. these are called feed-in tariffs to keep with green's, you know, aptitude for great terminology. >> screw it. tomorrow we're doing an how on that. >> yes. i had dinner with the parliamentian in germany that got this passed last year. i asked him, this one law is like a lever transforming one of the biggest ind
, 1.63. and bond yields higher. they got kicked higher in germany post that survey which we broke on the show, as well. as far as the currency market, dollar bit under pressure ahead of the fed. euro/dollar 130.08. we were down late friday and early monday trade, as well. dollar/yen, highs polls suggest mr. erbe will be a clear win in japan. however big will the lead be and what influence tell have on the bank of japan. dollar and yen pressured by more q.e. talk. and aussillar three-month high. the prospect of q.e. boosting commodityets. canadian doing well. firm at 1.6122. we have more on the asian trading day out of singapore. >> reporter: hi, thank you, ross. most asian markets finished on a bright note. the shanghai composite recouped morning losses in positive territory. property stocks turned higher in the afternoon. stocks also rallied while investors await beijing's detailed plan on urban development. strengthening main line blue chips pushed the hang seng to a 16-month high. developers, industrials, and gaming stocks among the top gamers today. >>> in japan the country's
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, and there are schools in asia and south korea, germany, where the school is all year and germany towns out a lot of pretty neat engineers and, of course, much of asia turns out a lost great technology types and the rest, so they are getting bang for the education buck. your fear is it would not be copied here? >>guest: no. the trouble is, you have other countries. in finland, they focus on only putting the proper people to have the highest success in the classroom or potential for success in the classroom in education schools. so they don't just let anyone in a school education. >>neil: they look at promising students. you could be a late bloomer and get passed up. >>guest: that is possible. but, instead, what they are doing is scrutinizing people prior to getting into the system. what we do in america, unfortunately, according to international studies, we have students who are graduating to become teachers are in the bottom third of their graduating class. so we are putting people in choose rooms that are not equipped with skills. they do not have the ability to handle a classroom. so what we n
in the vary sigh settlement and it was obvious that germany could violate that order. beginning around 1922 you had two decades leading to the second world war of the revisionist regime that wanted to revise the structure of global power and the status quo powers. today there is one status quo power and under this administration. >> as to whether these countries are going to enforce this world order? >> look you have three presidents. president clinton, bush and obama have said explicitly a nuclear iran is unacceptable. if the iranians are allowed to walk across that threshold with no opposition that is going to demonstrate to other would be aggressive regimes there is no cop on the street. that is what is happening. >> paul: is this the year of the showdown? >> it's how much industrial mechanics, how much uranium this would be the year. >> paul: there is a computer virus that keeps kicking it down. >> but it's not an ever receiving horizon and they take nuclear stockpiles and how much they have and how deeply it is buried. you saw benjamin netanyahu at the u.n. in september and literally d
there's not much growth to be expected from all europe. you know, obviously core europe like germany will grow with the global economy here. but at the moment, because of the issues in japan and all the issues in the u.s., europe and particularly euro is the one to send out is the strong demand. this is something that european policies and that european companies will need to work with. >> next year, although the eurozone economy is stag nating, we do expect a recovery in the global economy to which europe corporate sector is very well levered. it's that recover in the global back drop which allows margins to rise a little bit in eurozone, gives some type line growth and overall profit growth we think of around 9%. >> standing out in 2013, the biggest uncertainty right now has to do with around the housing market in the united states. some people are increasing their belief that you're going to see growth in the housing market from, you know, previous estimates are like 1.5% to % or even 4%. that is the unknown. because as everybody knows, housing has so many secondary and tertiary e
to the economy. >> i'm wondering whether germany as we look at -- they're just above sort of recession territory at the moment. i'm wondering whether if they get better growth out of asia, that will offset the weakness that they're seeing in europe enough to keep them above the pencil line. >> what we've seen so far with today's numbers is exports are declining very sharp. they'll need asia and the u.s. to offset some of that demand weakness, but again, the biggest market for most is the euro zone. if the eurozone is performing badly, that will have a thok-on effect for those countries. >> there's a number of strategists saying after the u.s. has sort of led equities for most of the year, they're now saying europe is the place to be. from i think really the question you have to ask yourself is when cash, equities, credit, government bonds, where do you want to be. and equity in my mind mind is absolutely not. you need good growth numbers to justify the equity markets going up. now, i think there's a lot of investors looking at the yields on ghoechlt bonds or credits and that's motivating them to
's a union story that tells something about the rebalancing in the eurozone. potentially germany. we know with the xetera dax up .3%. and almost 30% this year. investors see if the euro project hangs together, it's going to mean renation in germany. that is some wage inflation, some price inflation. the public sector union verde, powerful union, along with some others with its contract up at the end of the year is asking, guys, for a 6.5% pay rise next year. it got about 2.5% for the last couple of years. it is on the public sector side but also an example of what kind of pay hikes we may see flowing through to the german economy. if that helps support spending, despite weak industrial production figures and concern about growth prospects, there may be some rebalancing toward the german consumer taking on more of the heavy lifting across the eurozone. so one to keep an eye on, guys. >> thank you very much. we shouldn't see that as the unions pressuring -- they probably are pressuring for higher wages, but there's been pressure on germany to drive more inflation in germany to help lift the
of the most successful year over year appreciations of any developed country's equity markets? >> germany. >> bingo. i think of their own currency it's up like 30%. let's keep going. >> okay. so germany has been the engine of european growth. if germany slows down, the dynamic in europe is going to change dramatically. if this euro/yen goes through let's say 120, 125, 130 which is what they're pushing for, the german auto sector which has made great inroads against the japanese because the euro/yen as the japanese have held the yen has been over valued that is going to change the whole european dynamic. a slowing germany will become a wild card. that's my call for the biggest wild card in 2013. >> i tell you what. you have to go nose to nose with a country on the foreign exchange front, i think the japanese are going to be well matched with the mentality of what is going on in germany. listen, merry christmas. i know hannukah is over and you had a great hannukah. >> thank you. >> best holiday wishes to all the viewership from two old time traders. back to you. >> two of the best that is.
could. go national. go like a pro. >>> this is a lucky marzipan pig which in germany is a symbol of riches and wealth and strength and fertility, and at the new year you give it to those you love to wish them luck. >> this is a chimney sweeper, a symbol of good luck especially if you touch the button on the chimney sweeper's coat. >> happy new year from germany. >>> they're not your average christmas carols. the music group celtic woman has been putting an irish twist on traditional songs for eight years. their second album is called "home for christmas." jessica dunn caught up with the women after a performance at the atlanta symphony orchestra. ♪ >> it's very excited to get to sort of feel that power that you have at the start of the show when the music starts and it takes everybody on the journey. ♪ >> i think all over the world i think there is that sort of common thread of christmas is being with your family and celebrating being together. >> i would be happy to sing clibs mass music every month of every year. i love it. it's just fantastic. very special when you get the
of gains. big winner? germany's index at levels not seen in five years. investor sentiment in the country rose more than expected. the five year chart, and as you can see, best thing, getting close to the five year level. david: gold coins flying off the shelf, you read about that, trading in spot gold is not following suit. it is down today, a little bit, but when you think of all the progress made by the gold coin sellers, you'd think that would have a pop on the overall price of gold, but not so. liz: under the radar technology etfs that out performed. internet index fund, moving higher, top holdings, google, amazon, and ebay, and the tech fund, ign, top holdings here, you may own them, cisco, qualcom, a gain of more than one point. david: more than a stock market, there's a lot of things today, very interesting lineup of guests, big labor, obviously, about to take a devastating blow in michigan, on the verge of becoming a right-to-work state. the man poised to make it happen, putting pen to paper signing the bill into law. governor rick snider. he's going to be joining us live from th
war. you don't see france going to war with germany or russia with poland. it used to happen all the time, but it's not happening. the best example of all was just a couple of weeks ago when gaza was fighting -- the palestinians were fighting with the israelis, and they lobbed a couple of missiles into tel aviv. i'm sure that both people on both sides could see that the day was coming that they'd be lobbing missiles into jerusalem. and this is what both the christian the jewish religion began there, and it's the holy land. it's some of the greatest tourist attractions in the world. people want to come from all overed world to see it, but not when a war is going on. they realized within a week of war they had made a terrible mistake to go to war. even though it's better to grumble at each other, but not to be shooting at each other and causing damage and wrecking the economy and upsetting people all over the world because these pictures, you have the bbc and cnn there having the pictures of the grandmothers and grandfathers and little children lined up on the street in front of ho
in germany as i understand a shout out to all my family in trenton, new jersey. i miss y'all and love y'all. if you missed it, sorry. did high part. you should have watched it. bye-bye. price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. yes, you could. we actully keep track of how many times this kid picked his nose? hair pulls, stink
call. asia was up 13. europe was up 12. adding employees to europe, france, germany, very strong. similar to what bill mcdermott has been saying. we are all so doom and gloom about europe, ellison's talking about it's a bright spot. >> what about germany today, up again for december, as we mentioned at the top of the show, above $1.33 a day. something's going on there. the big upgrade on greece. that's kind of strange, right? >> up four or five notches. >> i have to stand up for a second. $8. >> is it finally time? >> i want to click my heels, but these are soft reeboks. you wouldn't hear it. >> are we going to see that, finally, at last? >> the way people were coming on and saying it's going to zero. >> running for the exit. >> when was the euro dissolved and greece kicked out? what was the date? >> it happened just in reverse. >> it was overnight. >> we'll see. i can't believe 2013 will not hold a couple of moments where we go, ah. but it is amazing. nothing we can do. >> we're afraid spain is going to come -- spain was supposed to come to market. italy, oh, my, what happens wh
word the government in holland is sending patriot missiles to turkey following germany's lead, the dutch decision comes a day after germany agreed to send two patriot missile batteries and troops to turkey's southern border with syria. after nato's request. the country trying to prevent cross-border attacks against turkey after mortar rounds and shells have killed five people in turkey. shells that originated in syria. martha has more. martha: a lot of developments on this in the past several hours. international pressure is mounting against the assad regime in syria, amid fears they could use chemical weapons. there is evidence that they have loaded weapons with sarin gas. the u.s. defense secretary leon panetta issued this warning now to syria's leaders. watch this. >> there will be consequences if the assad regime makes a terrible mistake by using these chemical weapons on their own people. i'm not going to speculate or comment on what those potential consequences would be but i think it's fair enough to say that their use of those weapons would cross a red line for us. mar
. greece unveiling that $10 billion eurobond buyback. a 52-week high in france and germany. our road map this morning begins in washington where fiscal cliff negotiations according to the "times" has "collapsed." at least for now. with less than a month until the deadline, who blinks first if anyone? >> goldman takes dell from a strength to a buy. is it time to look at the stock and maybe even other players in the beat up personal computer sector? >> manufacturing data out of china. not bad. 50.6. that's the highest in seven months. although shanghai again trades lower even europe's pmi improves a touch in november. first up, we're one month away from the fiscal cliff and so far the white house and congressional republicans are still in disagreement over how to reduce the deficit and avoid a raft of tax hikes and spending cuts. yesterday our own jim cramer and maria bartiromo were on "meet the press" and cramer had a message for fellow panelists and father of the anti-tax pledge, grover norquist. >> most ceos are republican. they're on board. they're not on board with you. they're not on
that is what is going to kill us, the absolute numbers. germany can afford to bailout greece. nobody can afford to bailout the united states, and i would agree actually with bill archer that i think he understated. if you take the total debt situation, you're talking about just shy of three-quarters of a million dollars for the -- per american family. so you get a cup of coffee from a waitress in the diner, think of loading three-quarters of a million dollars of debt on to her shoulders for what? for what? does nothing to show for. lou: her children and their children that will be paying a large measure of that. great to have you with us. making spirits bright. and after america with one of the ugliest pictures of an american cadaver toe tag to. >> doom and the oven is the into debt. lou: at least some balance here. you know how much are president loves balance. great to have you with this. up next, the fiscal cliff. it is hung up on tax for the rich. not really. we will tell you why those taxes are going up regardless of the deal. tomorrow, former u.s. ambassador to the united nations, moody's
audi, built in slovakia, owned byç a germany company. the capital of slovakia is quite aways away from detroit. is this is finally the real romney, the one he promised to give us and now we're seeing? >> but he took his audi to costco and loaded up with cheap merchandise. >> sorry sdmroop. >> so he is a man of the people driving his luxury suv to the discount chain. >> come o dana, he spends the whole campaign saying, i love america, implying the president doesn't. and the first thing he does is buy himself a german automobile. >> well, first he moved out to this wealthy enclave, the home in california. he now has the luctiony automobile and joined the corporate board at marriott international. and then he took that break to complain he lost the election because obama was giving gifts to minorities. this has not been the greatest recovery from an election defeat. surely he needs time to lick his wounds. there might be a better way to do it. he did get to see twilight, so i guess he's enjoying himself. >> i want to spare talking about dana's column with dana, but if it were at the apex
you see what's been going on in germany? they came out and acknowledged there was a possibility of a recession early next year in germany. that's a real concern right now after germany has a new 52-week high in stocks. you'll have strong headwinds in december and january for the german market. they are talking about growth of 0.4% next year for germany gdp. it was 1.6%, guys, just six months ago. that's a pretty severe downgrade. back to you. >> wae'll see you later. as we said earlier this morning, u.s. job growth picked up in november with nonfarm payroll increasing and unemployment rate falling to 7.7%. the lowest level since december 2008. joining us from the white house this morning for our first on cnbc interview is alan krueger, chairman of the council of economic advisers. good morning. >> good morning. >> as residents of the northeastern united states, a lot of us are still trying to get our heads around the idea that sandy didn't affect these numbers at all. are we almost certain to get some major revisions next month? >> the bureau of labor statistics reported that th
zone, including spain, germany, france. yet, the united states of america is able to borrow at the lowest rate in pretty much its whole recorded history. so you have a very, very diverse landscape at the moment, but certainly one that could be significantly improved, or worsened by the situation that we have concerning the fiscal cliff, the fiscal deficit and the debt of the country, which are three topics that can be addressed now on the comprehensive and efficient fashion. >> in the fiscal cliff negotiation. so what should this mean? because i think i could interpret any given number to say, oh, that means we shouldn't touch taxes for the upper brackets because the economy still needs as much money as it can have in it. or i could argue, oh, this means that we need more stimulus to keep the jobs going, or i could look at the debt and say, oh, this means we need to cut spending. so what does it mean? so what would you, and what globally, what would mean the most for the u.s. to do in terms of the global economy? >> you know, what you said, you would qualify as an economist.
in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >> this is a fox news alert. police say at least three people are dead, including the gunman, and multiple wounded after a gunman opened fire in a shopping mall some portland, oregon.
estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> >> sean: they are coming for you. that's a mere sample of the left's reaction to the painful defeat. but it certainly doesn't end there. union leaders are resorting to the panic button and resorting to downright dangerous language. we have this from the teamsters president, jimmy hoffa. >> this is just the first round of a battle that is going to divide the state. we are going to have a civil war. >> sean: civil war, hoffa's threat is just the beginning. reverend jesse jackson ark peers to be presenting a massive demonstration. >> these workers in this state must not fight back and draw a line in the sand. i am going to invest a major one-day strike. a major one-day march on washington f
obvious to countries like germany and the new soviet union that they could violate that order with impunity. so, beginning around 1922 you had two decades leading to the second world war of this double process, revisionist regimes that want today revise the structure ofl power and status quo power and today there's only one status quo power and under this administration-- >> is iran test whether these countries, the united states in particular going to enforce this world order? >> look, you have three presidents, president clinton, bush and obama said that nuclear iran is unacceptable. if the iranians are allowed to walk across that threshold with no opposition, that would demonstrat demonstrates other would-be regimes that-- >> is this the year for the showdown on iran? >> simply as a matter of industrial mechanics, how much uranium you need to enrich to get to a bomb this is the year. >> paul: we've been saying that for a while and somehow there's a computer virus that happens that keeps kicking it down. but it's not an ever receding horizon and the international atomic ener
's not from germany. a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... from a place like no other. introducing the all-new 2013 chevrolet malibu, our greatest malibu ever. ♪ >>> about 22 past the hour now. the first hint of snow is falling in pennsylvania. it will be heading to the northeast, weather channel meteorologist mike seidel live in new cumberland, pennsylvania. what are you seeing? what do we expect the next couple of days? >> light snow on the pennsylvania turnpike outside of harrisburg. travel fine, not that cold and hasn't snowed that much. this will be the first measurable snowfall for philadelphia. may get an inch of snow. new york city, times square, a couple of inches or so on the grassy services. 5 to 7. a winter storm for boston and snow will fall from dinner time to early on sunday morning. the areas where you got dumped wednesday morning, buffalo, syracuse, look for 3 to 6 inches, not the 10 to 15 you had. the major impact at the airports, already the three new york city airports, newark, laguardia, and kennedy, canceled 180 fli
that. >> the first thing is, this is a worldwide phenomenon. germany had to mass murders of high-school. england, 30 years after the most rigid gun laws passed, they have their mosthorrible gun massacre. norway, some of the most strictest gun laws on the planet, and that got on the island and murdered all of their kids. we have to understand something new is happening. the guns have always been there. we're working hard to keephem out of the hands of kids, but there is something profoundly new. if we don't focus on that e completely miss the issue here. lou: what is that new -- that change that is overtaking us, our society that can lead to this kind -- >> a new phenomenon. lou: what is it? >> never there before. violence injury, particularly video games. the number one trade law enforcement. man-hours, contact our supply system anywhere you want to measure it. one of the leading trainer is a military. i have a best-selling video series were preparing individual citizens to be able to use deadly force at the moment of truth. and om all those perspectives, we know that simulation
actually ended up looking pretty darn good. germany up 30%. i mean, i look at that, and i say all of the fear that was out there including the euro stocks, 600 did unbelievably beautifully. and you say, my goodness, if you went toward the worst, most fearsome place, europe, you would have done way better than here in the u.s.. >> yeah, absolutely. well, it's like everything that happens in nature as well as the markets and the equity markets. when things get stretched too far one way, they will come back to a happy medium. we saw that in the equity markets this year. they were the best performing asset classes of all the places you could put your money, and it's not without knowing what's going on when you had unprecedented types of money flows coming from central banks around the globe, that money had to go somewhere. the u.s. market has performed very well. by the time we get done today, especially on the fiscal cliff talks, we're going to be up about 14% in the s&p 500. the leaders in that were, of course, financials, tech and consumer discretionary. they performed very, very w
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. so we feel very good about france. ditto germany. >> isn't that incredible. >> rick, 52-week high when compared to avon. incredible. thank you so much for joining us. >> good to be here. >> good to see you. >> all right. stay tuned. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. >>> trip adviser and deutsche bank. >> deutsche bank likes this company. people love it. trip adviser is king. >> deutsche buying a hold on apache. >> apache has been such a dog. bad for apache. >> an a darko? >> ever since the daily, and other litigation, this is an inexpensive stock. i-like it. >> deutsche on omc. >> what's interesting, they're talking about negative momentum in ad
. spain was borrowing at 7%. >> germany went to the five-year high. we could have that, too. unlike them, our economy is not in tatters. they go five-year high on tatters. audi, good car. >> yes. good car. >> meantime, shares of costco this morning up in the premarket. warehouse retailer earned 95 cents a share in the first fiscal quarter. revenue, profit margins beating forecasts helped by rising sales. those higher membership fees did hike fees a year ago november, which doesn't happen very often. the journal today says, model looks great. the business is great. the stock is just -- people want to pay a lot of money for it, jim. >> oh, yeah, costco, those are remarkable numbers. i know you did an excellent special on coastco and it seems like the execution was impressive. people want to go there. >> as gas prices come down, that helps them, given they make it a bit of a loss leader. valuation rich for your blood. >> when you go to buy a house, you see kirkland more than any other brand. you can say, jim, that's not even -- i mean, what percent -- i am a real fan customer for kirkland.
alka-seltzer on facebook. [ male announcer ] a european-inspired suspension, but it's not from germany. a powerful, fuel-efficient engine, but it's not from japan. ♪ it's a car like no other... from a place like nother. introducing the all-w 2013hevrolet malibu, our greatest malibu ever. ♪ >>> we're back with senators mark warner and kelli ayotte. final wrap-up question. do you both agree with the following? this deal has to happen and this deal will happen before the end of the year. >> it has to happen, candy, and i truly hope that it does happen, and -- but i'm really disappointed by the president's initial proposal, and i think that we've got to get beyond, you know, the tax rate issue. i just want to say one thing. republicans have offered closing loopholes, deductions, or capping deductions. there's more revenue there. the tax rate issue is more of a political proef. it's time for us to get to the table and resolve it. i think there's some will, though, among both parties to get this done. >> i hi it will get done. quite honestly, fwegt this done will do more to jump-star
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originated in germany thousands of years after jeremiah. as they say on espn, come on, man! >> and thomas, pennsylvania. >> don't take it seriously, tom, i don't believe we are dealing with a ph.d. here. and by the way, miller has some thoughts about psi and his criticism of civiles of american military tomorrow. can't wait for that. and finally the tip of the day. i'm paying for washington d.c. and so are you. we are all paying for this city. our tax money makes it go. so we should take advantage of that. you should bring your kids here. even if they don't want to go, you make them go. washingston a great place to go, great buildings, history everywhere. i love the willard hotel where abraham lincoln stayed before he entered the white house. and georgetown. visit washington. factor tip of the day. and it's really nice at christmastime. and that is it for us tonight. please check out the fox news
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, australia, new zealand. in europe, the dax in germany is up and running. we are higher -- lower, rather, sorry, by half a percent. overnight in japan, the nikkei, that was higher. let's see the nikkei up about 1.5%. >>> now the holiday shopping season is drawing to a close. and early numbers suggest what started out strong is ending with a whimper. mastercard spending pulse unit estimate sales rose .7% over the past two months which would be the weakest pace since 2008 during the financial crisis. many analysts had expected sales to rise 3% to 4%. earlier we spoke with michael mcnamara from mastercard advisers about the impact the fiscal cliff may be having on consumers. listen in. >> beginning of december when we saw the sales numbers come down, confidence numbers come down. something the media coverage really has brought home and clarified what the fiscal cliff means to personal finance. and that debate really seems to be acting as -- almost creating a sense of gravity that's pulling down different elements of the economies. >> spending pulse says even online shopping which has posted
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